Josh Stein - Northen Michigan Land Brokers
405 Shelden Avenue
Houghton, MI 49931
906.523.5575 Office
906.370.4898 Cell
906.523.5650 FAX
 
 
1114 N DOUGLAS BOULEVARD
IRONWOOD, MI 49938

$399,000

 
 
 
PROPERTY DESCRIPTION

Excellent 7-Unit Investment Opportunity with Garages & Scenic Setting Discover a versatile income-producing property featuring seven rental units, including a six-unit apartment building and a single-family rental home, complemented by four garage units, ample on-site parking, and additional parking located across the road. The apartment building offers a desirable mix of one- and two-bedroom, one-bathroom units designed to appeal to a wide range of tenants. Residents enjoy the convenience of coin-operated laundry facilities, private balconies, and peaceful wooded views. Nestled near a local ski area and arboretum, tenants frequently enjoy sightings of wildlife and the natural beauty that surrounds the property, creating a unique rental experience that sets these units apart. Adding further value is the three-bedroom, one-bathroom single-family home, featuring both a living room and a family room, providing ample space for comfortable living. The home also includes a full basement, a newer furnace, and updated electrical service, offering peace of mind for both owner and tenant. Situated in one of the area's more scenic neighborhoods, this property offers the perfect balance of tranquility and convenience. Residents enjoy easy access to grocery stores, college, shopping, recreation, and other everyday amenities while still benefiting from a peaceful, nature-filled setting. With multiple income streams, garage rental potential, strong tenant appeal, and a desirable location, this property presents an outstanding opportunity for investors seeking a stable and attractive addition to their portfolio.

 
BUILDING & CONSTRUCTION

Foundation: Basement,Crawl

 

Basement: Block,Other

Construction: Vinyl Siding,Wood

Garage: Detached Garage,Electric in Garage,Gar Door Opener,Off Street

Fireplace:

 

Exterior: Sidewalks,Street Lights,Exterior Balcony,Garden Area

Outbuildings:

 

Accessibility:

First Floor Bath:

 

First Floor Bedroom:

Foundation: Basement,Crawl

 

Basement: Block,Other

Green Features:

 

Extras:

 
UTILITIES, HEATING & COOLING

Electric:

 

Natural Gas:

Sewer: Public Sanitary

Water: Public Water

Cable:

 

Telephone:

Propane Tanks:

 

Air Conditioning: Ceiling Fan(s),Wall/Window A/C

Heat: Electric,Natural Gas: Electric Heat,Forced Air

 

Supplemental Heat:

 
 
 
LISTING DETAILS

MLS# 50211089

Listing Office:
The Real Estate Store

Listing Agent:
Wyssling, Ellen

LOCATION
1114 N DOUGLAS BOULEVARD
Ironwood, MI 49938

County: Gogebic

School District: Ironwood Area Schools

Property Tax Area: Ironwood (27006)

Waterfront: No
Water View:
Shoreline:

Road Access:

 
DETAILS
Total Buildings
Number of Units 7.00
Total Building Square Feet 4960.00
Acres (Approx.) 0.76
Lot Dimensions 111x105& 156x137
Year Built (Approx.) 1970
Status: Active
 
 
ADDITIONAL DETAILS
Number of Levels 2 Story
 
 
PHOTOS